There is no interest-free period for credit card cash withdrawals, and some banks also need to pay cash withdrawal fees.

For example, CCB’s cash withdrawal fee is 1%, and if you withdraw 10,000 yuan in cash, the fee is 100 yuan.

The interest on cash withdrawals is calculated based on the daily interest rate of 5/10,000 of the overdraft amount, and compound interest is calculated on a monthly basis. If the cost is very high, try not to withdraw cash.

If you pay by credit card, there is no handling fee and it is interest-free during the interest-free period. After the interest-free period, interest will be calculated based on the daily interest rate of 5/10,000.

The handling fee for withdrawing cash is 1%, and the fee for withdrawing 10,000 is 100 yuan

The monthly principal repayment in one year = 10,000/12=833.33 yuan

Every Monthly interest = 10000*5/10000*30 = 150 yuan (the interest rate varies by 1 yuan depending on the number of days in the month)

The first month’s repayment plus handling fee = 833.33+15100=1083.33< /p>

Monthly repayment in the future=833.33+150=983.33 yuan

One year*** repayment=100010150*12=11,900 yuan